The 'Island Venture' is an SX165 design developed by Ulstein Design & Solutions, and delivery is set to Q4 2015.
See also news from launching.

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Inclining test completed on Orient Adventurer - Aftermarket services that keep vessels fit for new roles
Vessel conversions and re‑mobilisations demand more than drawings and calculations. Recent work on Orient Adventurer, now being prepared for cable-laying operations, demonstrates how critical in-depth knowledge of a vessel’s operational history is to deliver safe, class-approved solutions. Through Ulstein’s aftermarket services, we support complex vessel upgrades with engineering, stability, and weight expertise, including planning and executing inclining tests for conversion and life‑extension projects.

Rescue exercise off the coast of Lofoten: Emergency towing of MS Spitsbergen
On Tuesday, 24 March, a large-scale rescue exercise was carried out off the coast of Lofoten, Norway, testing a new emergency towing system for ships. The cruise vessel MS Spitsbergen, with 150 passengers on board, the Norwegian Coast Guard vessel KV Barentshav, and the 330 Squadron’s SAR Queen rescue helicopter took part.

How Ulstein tested a new cable-laying vessel design
How can you be confident that a new vessel design will actually perform in rough seas and demanding operations? The answer lies in thorough verification, independent testing and documented performance. Recently, a new Ulstein design for a cable-laying vessel was tested in a large-scale ocean basin at SINTEF Ocean. The results delivered exactly what Ulstein seeks: confidence that the design performs as intended.